[Duplex] 312 Freeport Rd — New Kensington, 15068 For Sale

  • $78,000
  • 5 beds
  • 2 baths
  • not recorded, but a good bit sqft

Updated, clean, as-maintenance-free-as-one-can-be duplex.


GOOD tenants w/freshly renewed leases through Summer, 2020.
-gathers $1,200 total in monthly rent
-3BR (upper unit): $675/month
-2BR (lower unit): $525/month
-14.1% CAP

Priced very right (filtered by keyword “duplex”, New Ken).


Stats:

  • up-down DX
  • multiple functional spaces in/out
  • nice vinyl-wood floors [hardly any carpet!!]
  • in-unit laundry (2)
  • yard
  • central air
  • private entrances
  • driveway + off-street parking for 5 cars; all tenants have a space or 2
  • decks, inc. huge covered front porch
  • dry above-ground walkout basement
  • built circa 1925


MANY amenities (cafés, bars, dining, schools, groceries, post office, etc.) are within ½-block → ½-mile;
about 1500 feet from Valley Jr.-Sr. High School.
WalkScore = 70


→ see the comps @end of reel! ←


-a 5-minute walk to NewKen Downtown Historic District (the new **
“Corridor of Innovation”)
-a 5-minute drive to Plum via Stevenson Boulevard / Logans Ferry Road


highly appealing interior, exterior, & location.


**November 14th, 2019; Chancellor Kevin Snider | Penn State New Kensington:

“The Corridor of Innovation has had at least 15 properties sell in the last two years,” said Snider. “RK Mellon is considering fully funding a Digital Innovation Lab at their December meeting. Voodoo Brewery also plans to open there in December 2019 or January 2020 and has already started bringing jobs and energy into the downtown area.”

Source: https://news.psu.edu/story/598363/2019/11/14/impact/invent-penn-state-scales-provide-impact-pennsylvania


  • Taxes: $1,345
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: (Both) Updated nicely
  • Bath: (Both) Updated nicely
  • Roof: 10 yrs old
  • Furnace: (2) 15 yrs old
  • Hot Water Tank: (Both) <8 yrs old
  • Windows: Double-paned
  • (1) 3 BR / 1 BA; (1) 2 BR / 1 BA
  • Floors: 2.5
  • Parking: Off-street (5 spaces)
  • Rental Income: $1,200/mo (TOTAL)
Price:
$78,000
Address:
312 Freeport Rd
New Kensington, PA 15068
Square Feet:
not recorded, but a good bit
Lot Size:
5,310
Bedrooms:
5
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1925
Basement:
Full; quite usable
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location